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PETALING JAYA: PublicInvestment Research has accorded a fair value of 77 sen for InNature Bhd’s initial public offering (IPO) based on a 15 times price-to-earnings multiple to its financial year 2020 forecast earnings per share of 5.1 sen, excluding the listing cost.
KUALA LUMPUR: PublicInvestment Research has accorded a fair value of 77 sen for InNature Bhd based on a 15 times price-to-earnings (PE) multiple to its FY2020F EPS of 5.1 sen which excludes the listing cost.
LOS ANGELES: AT&T Inc’s new television chief, who will oversee cable networks such as HBO, TNT and TBS, thinks he has plenty of ammunition to take on Netflix Inc.
NEW YORK: Alphabet Inc's Google is raising the price of its YouTube TV online service for new customers as it adds channels from Time Warner Inc's Turner, National Basketball League and Major League Baseball, the company said
HONG KONG: Bitcoin slowed its decline on Wednesday in the wake of a 23% plunge that rocked the global market for digital assets and sparked deeper questions about its future.
HONG KONG: Bitcoin slumped as much as 20%, giving more impetus to a January selloff in cryptocurrencies, after South Korea’s finance minister repeated that the country may ban trading in one of the world’s most active markets.
WASHINGTON: The US Justice Department has suggested to AT&T Inc officials that they figure out how to get the benefits they’re seeking from their proposed merger with Time Warner Inc without being able to own CNN, TBS and other Turner channels, according to people familiar with the discussions.
KUALA LUMPUR: CIMB Equities Research is retaining its Add call for AWC and sum-of-parts based target price of RM1.20 as the move by its unit Ambang Wira Sdn Bhd to mutually end a RM130mil contract with the Malaysian government was expected.